[BasicMarinWheels]

I am a current BMWFS lessee, and I’m picking up a new 2009 335i Sedan that I ordered back on January 2, 2009. I locked the favorable December 2008 program numbers when I ordered, on the last day of the December program. The 36 month/36k mile lease, when I locked, had a residual of 62% and MF of .00175. Starting with the January program, on January 3, 2009, of course, the MF went up and the residual went down.

Since then, I learned that I will get $1,000 cash under the loyalty incentive program. I’m very pleased with that, of course.

What I don’t know is what MF I will get. I understand that the loyalty program offers a MF discount of .0003. So, does that mean I will get .00145 (i.e., .00175 - .0003)? I would think that I would, but the new residual has gone down since I locked, and I don’t know if there is some rule that says if I get the discount on the MF, I have to take the now lower residual. I wouldn't think so, but want to make sure. It makes a big difference, obviously.

Does anyone know for sure?